On Air Now

Current Show

Coast to Coast AM   12:00 AM - 5:00 AM

Call Coast to Coast now at 1-800-825-5033

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 590 AM Kalamazoo, MI

Weather

Current Conditions(Kalamazoo,MI 49001)

More Weather »
46° Feels Like: 41°
Wind: NW 10 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Mostly Clear 41°

Tomorrow

Sunny 65°

Tues Night

Clear 46°

Alerts

Obama's re-election helps General Motors

by

DETROIT (WKZO) -- The re-election of President Obama is good news for General Motors.  It creates a clearer path for the government to begin selling some of its 32-percent stake in the automaker.

According to "Morningstar" analyst David Whiston, the Obama administration could unload the stake quickly and not have too much fallout.  On Monday, GM secured a new 11-billion dollar credit facility, adding to speculation that some of that money will be used to buy back some government shares.

Comments